Canada - Raw Hides And Skins Of Cattle - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Canada - Raw Hides And Skins Of Cattle - Market Analysis, Forecast, Size, Trends and Insights

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Price for Cattle Hide and Skin in Canada - 2023

Contents:

  1. Price for Cattle Hide and Skin in Canada (FOB) - 2022
  2. Price for Cattle Hide and Skin in Canada (CIF) - 2022
  3. Exports of Cattle Hide and Skin in Canada
  4. Imports of Cattle Hide and Skin in Canada

Price for Cattle Hide and Skin in Canada (FOB) - 2022

The average cattle hide and skin export price stood at $1,238 per ton in 2022, with a decrease of -11.8% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 an increase of 103%. Over the period under review, the average export prices hit record highs at $6,422 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($1,280 per ton) and Mexico ($1,238 per ton), while the average price for exports to the United States ($1,226 per ton) and China ($1,233 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-4.1%), while the prices for the other major destinations experienced a decline.

Price for Cattle Hide and Skin in Canada (CIF) - 2022

In 2022, the average cattle hide and skin import price amounted to $1,410 per ton, waning by -11.4% against the previous year. Over the period under review, the import price showed a noticeable decline. The growth pace was the most rapid in 2021 an increase of 54%. The import price peaked at $2,795 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,383 per ton), while the price for Austria stood at $1,082 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-5.0%).

Exports of Cattle Hide and Skin in Canada

In 2022, the amount of raw hides and skins of cattle exported from Canada fell modestly to 116K tons, declining by -3.6% against 2021 figures. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 8.5%. As a result, the exports attained the peak of 120K tons, and then fell slightly in the following year.

In value terms, cattle hide and skin exports shrank markedly to $143M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 69%. As a result, the exports reached the peak of $168M, and then dropped significantly in the following year.

Export of Cattle Hide and Skin in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China93.562.610389.5-1.4%
Italy6.26.46.711.924.3%
Japan8.96.19.311.910.2%
South Korea9.48.615.211.15.7%
Mexico2.43.07.69.256.5%
United States7.88.615.14.1-19.3%
Thailand5.10.56.12.2-24.4%
Others8.24.15.43.1-27.7%
Total14199.81681430.5%

Top Export Markets for Cattle Hide and Skin from Canada in 2022:

  1. China (72.6K tons)
  2. Japan (9.6K tons)
  3. Italy (9.3K tons)
  4. South Korea (9.0K tons)
  5. Mexico (7.4K tons)
  6. United States (3.4K tons)
  7. Thailand (1.8K tons)

Imports of Cattle Hide and Skin in Canada

In 2022, overseas purchases of raw hides and skins of cattle decreased by -25.4% to 624 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. As a result, imports attained the peak of 837 tons, and then shrank dramatically in the following year.

In value terms, cattle hide and skin imports contracted notably to $880K in 2022. In general, imports, however, saw a slight expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 91%. As a result, imports attained the peak of $1.3M, and then reduced dramatically in the following year.

Import of Cattle Hide and Skin in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7726671,2788232.2%
Austria1.10.42.114.0133.5%
Others62.227.951.543.0-11.6%
Total8356961,3328801.8%

Top Suppliers of Cattle Hide and Skin to Canada in 2022:

  1. United States (595.4 tons)
  2. Austria (12.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cattle hide and skin in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 919 - Cattle hides, fresh
  • FCL 957 - Buffalo hides, fresh
  • FCL 1102 - Horse hides, fresh

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Raw Hides And Skins Of Cattle - Canada